Avison Young and Bridge Real Estate Advisors are pleased to offer qualified investors the opportunity to acquire an established senior assisted living facility located on San Francisco’s burgeoning and revitalized Van Ness corridor. The $350 million 8-year Van Ness Improvement Project brings a much-needed overhaul to one of the city’s most-trafficked thoroughfares. In addition to providing new utility infrastructure, civic improvements and safer pedestrian transit stops, the project also boasts the city’s first rapid-transit system, making this an ideal location for commuters.
Neighboring Sutter Health’s $2.5 billion state-of-the-art hospital in conjunction with the new 496,000 square foot medical office facility at 1100 Van Ness Avenue have furthered the area’s transformation into San Francisco’s preeminent healthcare hub. Both projects have attracted numerous healthcare providers and hundreds of employees to the neighborhood, helping the local business community grow and prosper.
San Francisco’s supply constrained geography and prohibitive construction costs coupled with an aging population demographic presents a rare opportunity to enter a market and industry with high barriers to entry and tremendous growth potential.